What does SSWG mean in WORKING GROUPS

The Sector Selection Working Group (SSWG) is responsible for providing guidance and insight on the selection of sectors and markets that best align with an organization's strategic objectives. The SSWG also provides analysis of industry potential, current opportunities, competitive threats and other risk factors associated with sector selection.

The SSWG typically meets at least once a quarter to review current trends and developments in their chosen industries. Additionally, members of the group may also call for additional meetings if needed to discuss certain topics or situations more thoroughly.

The Sector Selection Working Group should contain representatives from each area of the organization that can provide input on how a particular sector might impact their specific business unit. This will typically include senior executives, board members, financial analysts and operations managers.

During an SSWG meeting various topics related to sector selection should be discussed such as industry performance over previous years, customer feedback related to trend and services provided by competitors, analysis of risk factors associated with sector selection etc.

Before any meeting documentations containing analysis on macroeconomic conditions, industry insights gathered through research activities along with financial models constructed using key metrics should be presented in order to gain insight into how they might impact a chosen sector or market.

After any meeting held by the Sector Selection Working Group there should always been some follow-up action taken such as monitoring results obtained from actions taken based on decisions made during the meeting or distributing updated documentation regarding specific sectors selected during the meeting.

When discussing sector selection strategy it is important that stakeholders consider which sectors hold influence over others or could potentially do so in the near future - this is often referred to as 'sector dominance'. For example, when considering investments it may be wise to look deeper into sectors which experience low competition but high potential for growth due to lack of significant competition or barriers to entry.

Ultimately it is up to senior management within an Organization who is ultimately responsible for making decisions regarding sector selection strategies however; input from all relevant parties which includes finance departmental team, operational team & other stakeholder’s would also need consideration before arriving at a decision point!